Date of Award

4-2022

Document Type

Thesis

Degree Name

Associate of Arts

Department

Economics

First Advisor

Jim Monks

Abstract

Association football, most commonly referred to internationally as football, is the world’s most popular sport with billions of fans. Professional football leagues operate in countries all over the globe. While other continents have prominent and successful teams, Europe is the sport’s summit for the club level of competition. Europe boasts the best five leagues in the world, commonly referred to as “the big five”: the Bundesliga (Germany), La Liga (Spain), Ligue 1 (France), Premier League (England), and Serie A (Italy). In the 2016-2017 season, these five leagues accounted for 12.6 billion pounds—57.5 percent—of European football’s revenues of about 21.9 billion pounds across all leagues in the 54 UEFA associations (Reuters, 2018). As evidenced by their majority share of European football revenue, the big five leagues include many of the highest spending football clubs.

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